'I have been investing in SIPs in MFs, but most of these MFs are giving less than 6% returns in the last 1 year. What to do?'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Suman Rawt: I have invested in following in mutual funds for last 2 years but these funds are not yielding the desired results. Please advise your views on the selection funds; where to shift these funds or any modification required:
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Suman Rawt | ||
| SBI FOCUSED EQUITY FUND REGULAR GROWTH | Equity - Focused Fund | Continue |
| Mirae Asset Emerging Bluechip Fund - Regular Plan Growth Option | Equity - Large & Mid Cap Fund | Continue |
| Mirae Asset Large Cap Fund Growth Plan | Equity - Large Cap Fund | Continue |
| Franklin India PRIMA FUND GROWTH | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| ADITYA BIRLA SUN LIFE EQUITY FUND - GROWTH | Equity - Multi Cap Fund | SmartSwitch to UTI Equity Fund - Growth |
| MOTILAL OSWAL LONG TERM EQUITY FUND - GROWTH | Equity - ELSS | SmartSwitch to Axis Long Term Equity - Growth |
| HDFC HYBRID EQUITY FUND - REGULAR PLAN - GROWTH | Hybrid - Aggressive Hybrid Fund | SmartSwitch to Canara Robeco Equity Hybrid Fund |
| Principal Hybrid Equity Fund - Regular Plan Growth | Hybrid - Aggressive Hybrid Fund | SmartSwitch to Canara Robeco Equity Hybrid Fund |
| ICICI Prudential Nifty ETF (considering its Index fund) | Index Funds - Nifty | Continue |
Hemang Joshi: I have the investment in following mutual funds since 4 years. Please advice should i hold the same or switch it over to other Mutual fund. I am also planning to invest more, which funds I should invest for 5 to 7 years to get good return. Please suggest at least five funds for additional investments. Also suggest two good debt funds.
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Hemang Joshi | ||
| SBI Blue Chip Fund - Regular Plan | Equity - Large Cap Fund | SmartSwitch to Axis Bluechip fund -Growth |
| Franklin India Prima Plus | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| HDFC Balanced Advantage Fund - Regular Fund | Hybrid - Balanced Advantage | SmartSwitch to ICICI Prudential Balanced Advantage Fund |
| Birla Sun Life MNC Fund | Equity - Thematic Fund - MNC | Continue |
| Birla Sun Life Front Line Equity Fund Growth - Regular Plan | Equity - Large Cap Fund | SmartSwitch to Axis Bluechip fund -Growth |
JAI SINGH: I have been investing in the following mutual funds since oct 2016 of 2000/- each.
1)Axis long term equity fund
2)aditya birla sun life tax relief 96
3)ICICI prudental balance advantage fund
4)ICICI prudental value discovery fund
5)DSP small cap fund
Later in 2018 we added following mfs of 2500/- each Sip
1)motilal oswal multicap 35
2)Mirae asset emerging bluechip fund
3)Axis long term equity fund another folio added .
Our investment horizon is long term of 15-20yrs.
And want to increase current 25000/- SIP to 35000/-.
Need money of 1cr after 7-8 yrs and 4cr-5cr after 18- 20yrs.
Kindly suggest if it’s alright or changes are required.
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Jai Singh | ||
| 1)Axis long term equity fund | Equity - ELSS | Continue |
| 2)aditya birla sun life tax relief 96 | Equity - ELSS | Continue |
| 3)ICICI prudental balance advantage fund | Hybrid - Balanced Advantage | Continue |
| 4)ICICI prudental value discovery fund | Equity - Value Fund | SmartSwitch to UTI Value Fund |
| 5)DSP small cap fund | Equity - Small cap Fund | SmartSwitch to Axis Small Cap Growth |
| 1)motilal oswal multicap 35 | Equity - Multi Cap Fund | Continue |
| 2)Mirae asset emerging bluechip fund | Equity - Large & Mid Cap Fund | Continue |
| 3)Axis long term equity fund | Equity - ELSS | Continue |
Jai Kumar: I have been investing in SIP in the following MFs. Most of these MFs are giving less than 6% returns in the last 1 year. Can you please advise whether to continue with this MFs or switch to good MFs?
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Jai Kumar | ||
| Axis Focused 25 Fund - Gr | Equity - Focused Fund | continue |
| BNP Paribas India Consumption Fund - Gr | Equity - Sectoral Fund - FMCG | SmartSwitch to UTI Equity Fund - Growth |
| DSP Equity Opportunities Fund - Gr | Equity - Large & Mid Cap Fund | SmartSwitch to Axis Growth Opportunities Fund |
| Edelweiss Mid Cap Fund - Regular Gr | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| Essel Equity Hybrid Fund - Gr | Hybrid - Aggressive Hybrid Fund | SmartSwitch to Canara Robeco Equity Hybrid Fund |
| Franklin India Prima Fund Gr | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| HDFC Equity Fund - Gr | Equity - Multi Cap Fund | SmartSwitch to UTI Equity Fund - Growth |
| HDFC Small Cap Fund - Gr | Equity - Small cap Fund | SmartSwitch to Axis Small Cap Growth |
| L&T Emerging Businesses Fund - Gr | Equity - Small cap Fund | SmartSwitch to Axis Small Cap Growth |
| L&T India Value Fund - Growth | Equity - Value Fund | SmartSwitch to UTI Value Fund |
| L&T Midcap Fund - Gr | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| Mirae Asset Large Cap Fund - Gr | Equity - Large Cap Fund | Continue |
| Nippon India Low Duration Fund - Gr | Debt - Low Duration Fund | Continue |
| Nippon India Vision Fund Gr | Equity - Large & Mid Cap Fund | SmartSwitch to Axis Growth Opportunities Fund |
| SBI Equity Hybrid Fund - Gr | Hybrid - Aggressive Hybrid Fund | Continue |
| SBI Magnum MidCap Fund - Gr | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| Tata Multicap Fund - Gr | Equity - Multi Cap Fund | SmartSwitch to UTI Equity Fund - Growth |
| Tata Retirement Savings Fund - Progressive Plan - Gr | Solution Oriented - Retirement Fund | SmartSwitch to UTI Equity Fund - Growth |
Haresh Bilandani: I have investments in Below MFs, please advise should i Exit, Continue or Hold these.
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Haresh Bilandani | ||
| Franklin India Prima Plus Growth | Equity - Mid Cap Fund | SmartSwitch to DSP Mid Cap |
| SBI Magnum Global Fund - Regular Growth Plan | Equity - Thematic Fund - MNC | Continue |
| Kotak Standard Multicap Fund - Growth - Regular Plan | Equity - Multi Cap Fund | SmartSwitch to UTI Equity Fund - Growth |
| BSL Pure Value Fund Plan - Growth Regular Plan | Equity - Value Fund | SmartSwitch to UTI Value Fund |
| L&T India Value Fund - Growth | Equity - Value Fund | SmartSwitch to UTI Value Fund |
| Birla Sunlife Advantage Fund - Growth Regular Plan | Equity - Large & Mid Cap Fund | SmartSwitch to Axis Growth Opportunities Fund |
| Birla Sunlife Frontline Equity Fund Growth - Regular Plan | Equity - Large Cap Fund | SmartSwitch to Axis Bluechip fund -Growth |
| ICICI Prudential Value Discovery fund Growth | Equity - Value Fund | SmartSwitch to UTI Value Fund |
| HDFC Gold Fund Direct - Gr | FoFs (Domestic / Overseas ) - Gold | Continue |
| HDFC Balance Advantage Fund - Growth Plan | Hybrid - Balanced Advantage | SmartSwitch to ICICI Prudential Balanced Advantage Fund |
| HDFC Balance Advantage Fund - Dividend Plan | Hybrid - Balanced Advantage | SmartSwitch to ICICI Prudential Balanced Advantage Fund |
Pradeep Banyal: I have invested in below mutual funds. It's been 2 years investing in these funds and now I want to increase my investment amount more to 10000 per month in mutual fund through SIP. So kindly suggest me where to invest this 5000 more and also please advise, do I need to change my particular investment in some other funds.
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Pradeep Banyal | ||
| Axis long term equity fund-2000(SIP per month) | Equity - ELSS | Continue |
| Mirae Asset emerging blue chip fund-2000(SIP per month) | Equity - Large & Mid Cap Fund | Continue |
| ICICI equity and debt fund-1000(SIP per month). | Hybrid - Aggressive Hybrid Fund | Continue |
JOMY JOSEPH: I would like start a SIP for 12 years on a good hybrid fund... After conducting my own studies, I shortlisted.
ICICI Prudential Balanced Advantage Fund & HDFC balanced advantage Fund. I can afford only Rs 5000 as monthly amount for SIP. The purpose of this SIP is for my son's education after 15 years. Will you give me an investment suggestion?
Do I need to invest in ICICI Prudential Balanced advantage fund or in Hdfc balanced advantage fund? Which is the best in your opinion? Or do I need to invest in both with rs 2500 in each fund?
Or can you suggest any other moderately secure funds for this tenure..expecting your reply...please help me by suggesting an investment strategy...
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Jomy Joseph | ||
| ICICI Prudential Balanced Advantage Fund | Hybrid - Balanced Advantage | Continue |
| HDFC balanced advantage Fund | Hybrid - Balanced Advantage | SmartSwitch to ICICI Prudential Balanced Advantage Fund |
Anwesh Babu: I am investing through financial advisor on below funds in SIP. 3months back I communicated him all those are underrated now but he says don't bother about ratings when you are investing for long term investment.
1. Adithya Birla SunLife MNC Fund - 4k per month
2. Adithya Birla sunlife small cap fund - 3k per month
3. Adithya Birla sunlife pure value fund - 3k per month
4. HDFC midcap opportunities fund -2.5k per month
5. Hdfc small cap fund -2.5k per month
All the above investment started from 18-July-2017 to till date
Direct funds which I am investing:
1. DSP equity direct plan - 2k per month
2. Franklin India smaller companies fund- 3k per month
Omkeshwar Singh:
| Name of the Fund | Category | Recommendations |
| Anwesh Babu | ||
| 1. Adithya Birla SunLife MNC Fund - 4k per month | Equity - Thematic Fund - MNC | Continue |
| 2. Adithya Birla sunlife small cap fund - 3k per month | Equity - Small cap Fund | SmartSwitch to Axis Small Cap Growth |
| 3. Adithya Birla sunlife pure value fund - 3k per month | Equity - Value Fund | SmartSwitch to UTI Value Fund |
| 4. HDFC midcap opportunities fund -2.5k per month | Equity - Mid Cap Fund | Continue |
| 5. Hdfc small cap fund -2.5k per month | Equity - Small cap Fund | SmartSwitch to Axis Small Cap Growth |
| 1. DSP equity direct plan - 2k per month | Equity - Multi Cap Fund | Continue |
| 2. Franklin India smaller companies fund- 3k per month | Equity - Small cap Fund | SmartSwitch to Axis Small Cap Growth |
If you want Mr Singh's advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, Mutual Fund Query, along with your name, and he will offer his unbiased views.
Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.
Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.
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